Prosafe Rigs has entered into an agreement to sell the accommodation jackup Safe Esbjerg to an unspecified Southeast Asian buyer in a $55 million transaction.
The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently鈥
High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2鈥
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comMaking a strong showing during the second half of 2012, North Sea utilization rates are leading the way with a 96% average.The worldwide competitive鈥
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide competitive mobile offshore drilling unit (MODU) fleet remains steady at 86%.Although demand for all rig types has grown by 57 rigs over the last twelve months鈥
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the competitive fleet of mobile offshore drilling units worldwide has been gradually improving since February and is currently in the mid-80% range鈥
ENSCO 8505, the sixth in a series of seven ultra-deepwater semisubmersibles, recently arrived in Texas for final trials before launching a two-year stint under contract to Anadarko, Apache and Noble Energy in the Gulf of Mexico. Russell McCulley was on hand in Corpus Christi鈥
US offshore wind studies under wayThe US Department of Energy has awarded GL Garrad Hassan two grants worth a total of $700,000 to fund studies that will help identify optimal strategies for the installation, operation and maintenance of offshore鈥
The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships鈥
TORXS saves a well Baker Hughes has introduced an expandable liner hanger system that the company says is the only system of its type that is installed and released prior to a cement job, eliminating the risk of running tools becoming fixed in place during cementing鈥
Class society Lloyd's Register is working with leading owners and operators from the oil & gas sector to improve current methods of monitoring the performance of blowout preventers. Two risk management specialists within the Lloyd's Register Group鈥
Despite a brief interruption post-Macondo, the rig newbuilding boom that started in 2005 is gathering momentum. Jennifer Pallanich talks to IHS about the latest trends in the drilling contractor market.One of the trends that Tom Kellock, Houston's head of consulting for IHS Petrodata鈥
The focus on safety within the offshore oil & gas industry has never been clearer. Two of Rowan's safety specialists took time to discuss with Jennifer Pallanich the company's work on the safety case for the Rowan Mississippi while the jackup was in the Sabine Pass鈥
Dozens of obsolete offshore platforms have been successfully converted to artificial reefs under the US 鈥榬igs-to-reefs鈥 program. But an independent Houston operator is pushing for rule changes that, its CEO says, would preserve far more delicate ecosystems鈥
Ever-alert to the need to hone its competitive edge, the drilling technologies business unit of Aker Solutions is looking to take its service offering to an unrivalled level of sophistication with the new drawworks extended test facility in Erkelenz鈥
